Hertz Global Holdings Inc., one of the nation’s largest car-rental companies, filed for bankruptcy protection Friday, saddled with about $19 billion in debt and nearly 700,000 vehicles that have been largely idled because of the coronavirus.
The Estero, Fla.-based company entered chapter 11 proceedings in the U.S. Bankruptcy Court in Wilmington, Del., hoping to survive a drop-off in ground traffic from the pandemic and avoid a forced liquidation of its vehicle fleet.
THERE IS NO NEED OF SO LARGE INVESTMENT, MARKETING, ESCALATION OF ARTIFICIAL VALUES. COMMERCIAL ACTIVITIES NEED TO BE REAL AND FOR HIGHER PRODUCTIVITY, COMMERCIAL VIABILITY, PROFITABILITY, EMPLOYMENT, GOVERNMENT REVENUE, INCOME, SAFETY TO INVESTORS, WEALTH CREATION, NATION IMAGE.
You did an op Ed on the Governor of MN. He is using his own model that he isn’t sharing.... look into who created the model!!! GovTimWalz should resign he has ruined the lives of hundreds of thousands of people based on a dubious model that no other state in the USA is using.
18 billion in debt. A crime in and of itself. A MBA and bankruptcy has probably made a lot of Hertz executives rich.
They were prices were not competitive. Stayed the same in a changing competitive world.
😔
You knew it was just a matter of time before the OJ curse.
jeez...weren’t they hoping for COVID cases to go from 15 to zero in a couple of days a la realDonaldTrump circa two months ago. maga
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